Financial Crisis

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Daily Market Commentary for September 16, 2008 from

Concerns of the failure of AIG is that, if they fall, what else will they take with them? ()

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit gain of 141.51 points on the day to end the trading session at 11,059.02
NYSE (New York Stock Exchange) triple digit gain of 112.99 points to end the trading session at 7,793.14
NASDAQ gain of 27.99 points to end the trading session at 2,207.90
S&P 500 gain of 20.90 points to end the trading session at 1,213.60
FTSE All-World excluding U.S. loss of 2.88 points to end the trading session at 199.44
FTSE RAFI 1000 gain of 76.09 points to end the trading session at 4,798.27
BEL 20 (BEL20) loss of 94.09 points to end the trading session at 2,878.92
CAC 40 (CAC40) loss of 81.57 points to end the trading session at 4,087.40
FTSE100 (UKX100) triple digit loss of 178.6 points to end the trading session at 5,025.60
NIKKEI 225 (NIK/O) triple digit loss of 605.04 points to end the trading session at 12,231.76

New York Stock Exchange (NYSE) stock market indicators for the day:
Advanced stock prices 1,439; declined stock prices 1,824; unchanged stock prices 56; stock prices hitting new highs 16 and stock prices hitting new lows 1,115.
NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: J. M. Smucker Company (NYSE: SJM) stock price gained 1.11 points on the trading session, high on the trading session $52.45, low on the trading session $50.74 with a closing stock price at $52.42; Pall Corporation (NYSE: PLL) stock price gained 2.00 points on the trading session, high on the trading session $36.74, low on the trading session $34.25 with a closing stock price at $36.60; Rostelecom OAO (NYSE: ROS) stock price shed 23.03 points on the trading session, high on the trading session $52.01, low on the trading session $34.56 with a closing stock price at $42.00; Devon Energy Corporation (NYSE: DVN) stock price gained 4.80 points on the trading session, high on the trading session $94.79, low on the trading session $82.10 with a closing stock price at $94.34; CME Group Incorporated (NYSE: CME) stock price gained 6.88 points on the trading session, high on the trading session $344.26, low on the trading session $325.00 with a closing stock price at $343.70; Monsanto Company (NYSE: MON) stock price gained 7.93 points on the trading session, high on the trading session $113.98, low on the trading session $102.42 with a closing stock price at $112.97; Harris Corporation (NYSE: HRS) stock price gained 1.80 points on the trading session, high on the trading session $47.68, low on the trading session $45.15 with a closing stock price at $47.40; Occidental Petroleum Corporation (NYSE: OXY) stock price gained 2.15 points on the trading session, high on the trading session $70.00, low on the trading session $63.96 with a closing stock price at $69.81; Constellation Energy Group Incorporated (NYSE: CEG) stock price shed 17.23 points on the trading session, high on the trading session $47.67, low on the trading session $13.00 with a closing stock price at $30.76; Sempra Energy Corporation (NYSE: SRE) stock price shed 3.38 points on the trading session, high on the trading session $56.84, low on the trading session $43.35 with a closing stock price at $53.04; Walter Industries Incorporated (NYSE: WLT) stock price gained 1.00 points on the trading session, high on the trading session $61.78, low on the trading session $52.74 with a closing stock price at $60.79; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 13.70 points on the trading session, high on the trading session $150.00, low on the trading session $118.80 with a closing stock price at $118.82; American International Group Incorporated (NYSE: AIG) stock price shed 1.00 points on the trading session, high on the trading session $5.24, low on the trading session $1.25 with a closing stock price at $3.75; Goldman Sachs Group Incorporated (NYSE: GS) stock price shed 2.49 points on the trading session, high on the trading session $135.29, low on the trading session $116.13 with a closing stock price at $133.01; Morgan Stanley (NYSE: MS) stock price shed 3.49 points on the trading session, high on the trading session $30.99, low on the trading session $23.21 with a closing stock price at $28.70; Intercontinental Exchange Incorporated (NYSE: ICE) stock price shed 1.68 points on the trading session, high on the trading session $76.00, low on the trading session $68.08 with a closing stock price at $75.97.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
Advanced stock prices 1666; declined stock prices 1,283; unchanged stock prices 106; stock prices hitting new highs 27; stock prices hitting new lows 460.
NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: First Solar Incorporated (NasdaqGS: FSLR) stock price gained 10.57 points on the trading session, high on the trading session $214.65, low on the trading session $186.82 with a closing stock price at $213.55; Synutra International Incorporated (NasdaqGS: SYUT) stock price shed 18.62 points on the trading session, high on the trading session $30.24, low on the trading session $14.16 with a closing stock price at $14.99; Google Incorporated (NasdaqGS: GOOG) stock price gained 9.07 points on the trading session, high on the trading session $449.28, low on the trading session $425.49 with a closing stock price at $441.95.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
Advanced stock prices 378; declined stock prices 910; unchanged stock prices 74; stock prices hitting new highs 20; stock prices hitting new lows 436.

Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
E-mini S&P 500 (ES) end of day price 1,215.00 change 20.00
E-mini NASDAQ-100 (NQ) end of day price 1,726.00, change 10.50
E-mini S&P SmallCap 600 (SMP) end of day price 378.80, change 9.30
$5 DJIA (YM) end of day price 11,047 change 88

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7068 to U.S. Dollars 1.4148
Japanese Yen 106.340 to U.S. Dollars 0.0094
British Pound 0.5598 to U.S. Dollars 1.7864
Canadian Dollar 1.0674 to U.S. Dollars 0.9369
Swiss Franc 1.1242 to U.S. Dollars 0.8895

Commodity Markets:
Energy Sector: Light Crude (NYMEX: NYM) shed $4.56 on the day for a closing price of $91.15 a barrel ($US per barrel)
Heating Oil (NYMEX: NYM) shed $0.07 on the day for a closing price of $2.73 a gallon ($US per gallon)
Natural Gas (NYMEX: NYM) shed $0.10 on the day for a closing price of $7.28 per million BTU ($US per mmbtu.)
Unleaded Gas (NYMEX: NYM) shed $0.16 on the day for a closing price of $2.40 a gallon ($US per gallon)

Metals Markets:
Gold Market Price (COMEX: CMX) shed $6.50 on the day for a closing price of $780.50 ($US per Troy ounce)
Silver (COMEX: CMX) shed $0.62 on the day for a closing price of $10.52 ($US per Troy ounce)
Platinum (NYMEX: NYM) shed $107.70 on the day for a closing price of $1,068.50 ($US per Troy ounce)
Copper (COMEX: CMX) shed $0.05 on the day for a closing price of $3.09 ($US per pound)

Livestock and Meat Markets (cents per lb.):
Lean Hogs (Chicago Mercantile Exchange: CME) gained 0.13 on the day for a closing price of 67.35
Pork Bellies (Chicago Mercantile Exchange: CME) gained 1.98 on the day for a closing price of 90.13
Live Cattle (Chicago Mercantile Exchange: CME) shed 0.70 on the day for a closing price of 104.63
Feeder Cattle (Chicago Mercantile Exchange: CME) shed 1.28 on the day for a closing price of 107.60

Other Commodities (cents per bushel):
Corn (Chicago Board of Trade: CBT) shed 29.75 on the day for a closing price of 532.25
Soybeans (Chicago Board of Trade: CBT) shed 55.00 on the day for a closing price of 1,124.00

Bond Market:
2 year bond shed 12/32 on the day for a closing price of 100 28/32 with a Yield of 1.90, Yield Change 0.19
5 year bond shed 2232 on the day for a closing price of 102 1/32 with a Yield of 2.68, Yield Change 0.15
10 year bond shed 26/32 on the day for a closing price of 104 8/32 with a Yield of 3.48, Yield Change 0.09
30 year bond shed 31/32 on the day for a closing price of 107 2/32 with a Yield of 4.08, Yield Change 0.05

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